Telenor and Jazz paid $98.4 million in third installment of license renewal fee to government

Islamabad May 27, 2022: Pakistan Telecommunication Authority (PTA) has received Rs 19.39 Billion equivalent to USD 98.49 Million against third instalment of license renewal fee from two Cellular Mobile Operators (CMOs) Telenor Pakistan and Pakistan Mobile Communication Ltd. (Jazz). The amount has been deposited in Federal Consolidated Fund (FCF).

With this deposit, the total deposits by PTA in FCF during the current financial year i.e. 2021-22 have become Rs. 102.5 Billion equivalent to USD 577 Million.